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Nov 8, 2012
11/12
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KQED
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slashing management jobs by 30%, consolidating business units and closing some defense facilities in california. boeing hopes to cut costs by more than $1.5 billion over the next two years. >> susie: boeing shares got caught up in the market downdraft, tom, falling 2%, and it had plenty of company. all 30 of the dow components were in the red today. >> there was a lot of red on the screen this post-election day. in europe, and also earnings, all getting mixed in here. let's get under way with tonight's market focus. >> tom: stocks dropped right from the opening bell today as investor focus shifted beyond election day. the s&p 500 opened down, and fell to its lowest price of the session just before noon eastern time. the pressure was steady throughout the afternoon hours, with the index finishing lower by 2.4%. today's drop in s&p 500 is its sharpest sell-off in four and a half months. it takes the index down to a level last seen in august. trading volume was heavier. 875 million shares on the big board. just over two billion traded on the nasdaq. leading the sell-off, the financial sector falli
slashing management jobs by 30%, consolidating business units and closing some defense facilities in california. boeing hopes to cut costs by more than $1.5 billion over the next two years. >> susie: boeing shares got caught up in the market downdraft, tom, falling 2%, and it had plenty of company. all 30 of the dow components were in the red today. >> there was a lot of red on the screen this post-election day. in europe, and also earnings, all getting mixed in here. let's get...
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Nov 10, 2012
11/12
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FBC
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this is a mute point in california right now. they had two different propositions, two, to raise taxes, not just on the upper income, but everybody. californians agreed to it, both measures, overwhelmingly. that state's former governor davis on the meaning of that for the nation after this. neil: i was thinking if only former colorado governor had this wind at his back, californiaians voting to approve hiking taxes on themselveses, one on the wealthy, and another on all of us, what they approved there. governor, had you had this, you would have finished your term. >> i probably would have, neil, but, you know, i don't think we should spend too much time with the should have, would have, could have. neil: that's right. i said that, had i had salad and broccoli, but, governor, let me ask about what this means now and how much wiggle room it gives legislators and governor brown today. if they are open to tax hikes, opponents of the hikes say, well, be careful what you wish for because cutting spending is not nearly as profound as th
this is a mute point in california right now. they had two different propositions, two, to raise taxes, not just on the upper income, but everybody. californians agreed to it, both measures, overwhelmingly. that state's former governor davis on the meaning of that for the nation after this. neil: i was thinking if only former colorado governor had this wind at his back, californiaians voting to approve hiking taxes on themselveses, one on the wealthy, and another on all of us, what they...
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Nov 14, 2012
11/12
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FBC
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one of the highest tax rates in california, $0.9.5 for every dollar spent. finally, in hawaii, little sunshine for state workers. the pension fund is in much better shape. assets in the employee portfolio system in 5% in the last quarter. a level not seen since the fall of 2007. but they still have the sunshine. dennis: shares of facebook flooding the market 800 million new shares, the stock topped 10% this morning. how could that be? cheryl: retail sales dropping, but we preview a black friday battle for the record books. dennis: a look at some of the winners and losers on the s&p. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide yo along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable l
one of the highest tax rates in california, $0.9.5 for every dollar spent. finally, in hawaii, little sunshine for state workers. the pension fund is in much better shape. assets in the employee portfolio system in 5% in the last quarter. a level not seen since the fall of 2007. but they still have the sunshine. dennis: shares of facebook flooding the market 800 million new shares, the stock topped 10% this morning. how could that be? cheryl: retail sales dropping, but we preview a black friday...
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Nov 10, 2012
11/12
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FBC
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this is a mute point in california right now. they had two different propositions, two, to raise taxes, not just on the upper income, but everybody. californians agreed to it, both measures, overwhelmingly. that state's former governor davis on the meaning of that for the nation after this. 4g lte is the fastest. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a diffence ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other netwos combined. neil: i was thinking if only former colorado governor had this wind at his back, californiaians voting to approve hiking taxes on themselveses, one on the wealthy, and another on all of us, what they approved there. governor, had you had this, you would
this is a mute point in california right now. they had two different propositions, two, to raise taxes, not just on the upper income, but everybody. californians agreed to it, both measures, overwhelmingly. that state's former governor davis on the meaning of that for the nation after this. 4g lte is the fastest. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart....
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Nov 10, 2012
11/12
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FBC
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this is a mute point in california right now. they had two different propositions, two, to raise taxes, not just on the upper income, but everybody. californians agreed to it, both measures, overwhelmingly. that state's former governor davis on the meaning of that for the nation after this. you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everydyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. to start her own interior design business. she's got a growing list of clients she keeps in touch with using e-mail marketing from constantcontact.com. constantcontact is easy and affordable. it lets her send out updates and photos that showcase her expertise and inspire her customers for only $15 a month. [ dog barking ] her dream -- to be t
this is a mute point in california right now. they had two different propositions, two, to raise taxes, not just on the upper income, but everybody. californians agreed to it, both measures, overwhelmingly. that state's former governor davis on the meaning of that for the nation after this. you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everydyday you see all the ways all of us at us bank are...
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Nov 11, 2012
11/12
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FBC
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this is a mute point in california right now. they had two different propositions, two, to raise taxes, not just on the uper income, but everybody. californians agreed to it, both measures, overwhelmingly. that state's former governor davis on the meaning of that for the nation after this. new pink lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. why? i thought jill was your soul mate. no, no it's her dad. the general's your soul mate? dude what? no, no, no. he's, he's on my back about providing for his little girl. hey don't worry. e-trade's got a killer investing dashboard. everything is on one page, your investments, quotes, research... it's
this is a mute point in california right now. they had two different propositions, two, to raise taxes, not just on the uper income, but everybody. californians agreed to it, both measures, overwhelmingly. that state's former governor davis on the meaning of that for the nation after this. new pink lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour...
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Nov 7, 2012
11/12
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FOXNEWS
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you look at prop 32 was smoked out here in california. and unions are clearly in charge. big government is working with big organization. it just so happens the big organizations could be banks that are too-big-to-fail. that means antitrust is not doing its job. if it is too-big-to-fail it should be broken up. if you look at the big organizations that are driving the economy it is big unions. those are the ones that are actually influencing and driving -- i found out recently i asked my buddies, did you realize there was an executive order that said stimulus stuff had to be done by union suppliers and contract ors. since when does it is to be a union to bid on a government contract? most americans do not know that exists. >>neil: there is a lot more we will find out. always a pleasure, scott. cruising to a victory, could this be the guy to show the republican party the way? i will introduce you after this to senator elect ted cruz. ching] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear i
you look at prop 32 was smoked out here in california. and unions are clearly in charge. big government is working with big organization. it just so happens the big organizations could be banks that are too-big-to-fail. that means antitrust is not doing its job. if it is too-big-to-fail it should be broken up. if you look at the big organizations that are driving the economy it is big unions. those are the ones that are actually influencing and driving -- i found out recently i asked my...
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Nov 27, 2012
11/12
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CNBC
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it goes on sale in california and oregon only, middle of next year. gm expects the press point to be somewhere around 25,000. the all-important question, what is the range going to be, how far will it go fully charged? gm is not saying at this point, only it will be competitive with other electric cars. speaking of other electric cars this market is struggling now look at auto sales through september of this year. 73%, almost 8 million vehicles in the u.s., are gasoline powered. still a predominant source of power train in this country. hybrids, 279%, 300,000. as for pure electric, just 8,289 pure electric cars sold in the u.s. right now. take a look at shares of general motors in the last year. if you were a gm investor in the last year, up 24%. a lot of people talk about gm ought to learn what they are doing at tesla, tesla leading the way with electric cars. gm versus tesla, no comparison, gm up 24%, tesla up just 1.4%. as i said at the beginning of this report, you will see more electric vehicles coming from general motors the next couple of years
it goes on sale in california and oregon only, middle of next year. gm expects the press point to be somewhere around 25,000. the all-important question, what is the range going to be, how far will it go fully charged? gm is not saying at this point, only it will be competitive with other electric cars. speaking of other electric cars this market is struggling now look at auto sales through september of this year. 73%, almost 8 million vehicles in the u.s., are gasoline powered. still a...
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florida, this is the end of california as reno air. -- as we know it. it will get worse. >> 50% with favor taxes on the wealthy. you are crying in the wilderness. >> republicans need to stick to principal keep paying tax rates low is good for the economy. democrats want to raise taxes. gerri: we have so far to go. please be with us every step of the way. >> classmate-- last night was not a party. [laughter] gerri: it was fascinating. meet interesting people meeting carlos gutierrez. >> it must of been like a wake. gerri: it was pretty quiet. how wall street reacts to obama and the threat and nor'easter at a misery after superstar sandy. what is being done or what is not being done more specifically? [ abdul-rashid ] i've been working since i was about 16. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- you know, it's like it just hits you fast. you know, you start thinking about what's really important here. ♪ gerri: people on the eastern and seaboard are just beginning to recover are getti
florida, this is the end of california as reno air. -- as we know it. it will get worse. >> 50% with favor taxes on the wealthy. you are crying in the wilderness. >> republicans need to stick to principal keep paying tax rates low is good for the economy. democrats want to raise taxes. gerri: we have so far to go. please be with us every step of the way. >> classmate-- last night was not a party. [laughter] gerri: it was fascinating. meet interesting people meeting carlos...
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Nov 26, 2012
11/12
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>> only in california, right? $99 gets you off duty or retired police officer for 20 minutes, he will follow your teen around and then provide a written report. the teens are told they will be followed at some point but not when so it is semi secret. we went along if a mission in san diego and the young lady we followed around did a great job as we fold her and her dad was glad to see that and he said that although she did so well down the line he might do it again. >> you have nothing to lose. you get a good report it is peace of mind. if you get a bad report maybe you head off a potential problem for you and other people. for less than $100 it is win-win. >>reporter: the numbers are staggering motor vehicle crashes are the leading cause of death for teens in the united states, accounting for 36 percent of all deaths and half of all teen passengers occur when another is driving with the lowest seatbelt use of drivers and 90 percent admit doing multiple tasks like talking on the phone and eating and channel surfin
>> only in california, right? $99 gets you off duty or retired police officer for 20 minutes, he will follow your teen around and then provide a written report. the teens are told they will be followed at some point but not when so it is semi secret. we went along if a mission in san diego and the young lady we followed around did a great job as we fold her and her dad was glad to see that and he said that although she did so well down the line he might do it again. >> you have...
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Nov 27, 2012
11/12
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CNBC
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california or new jersey? >> in terms of what? >> all of this is a fine line in terms of taxation around the world. we have seen it drive rich people to places like luxenburg. >> it's not going to change. we become more and more like europe each and every day. >> well, if larry moved to lexmburg california is going to hurt. >>> lindsay lohan shares because she has bottomed. after the reviews from "liz&dick" there is only upside left. facebook shares may have bottomed, as well. >> you're not a believer in lindsay lohan's bottom? >> i want to be an optimist. >> and you picked lindsay lohan to do it? >> way to go, jane. see you tomorrow. >>> coming up next the traders are making the call on whether you should hold or fold. two big high flyers. stick around to get the trade. [ male announcer ] the markets keep moving. make sure the news keeps coming with thinkorswim by td ameritrade. use the news links breaking stories with possible breakout stocks, options with potential opportunity, futures and forex with in-depth analysis. it's an
california or new jersey? >> in terms of what? >> all of this is a fine line in terms of taxation around the world. we have seen it drive rich people to places like luxenburg. >> it's not going to change. we become more and more like europe each and every day. >> well, if larry moved to lexmburg california is going to hurt. >>> lindsay lohan shares because she has bottomed. after the reviews from "liz&dick" there is only upside left. facebook...
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Nov 9, 2012
11/12
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CNBC
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reagan welcomed -- as a former governor of california, he welcomed the various immigrant groups coming in. >> always. >> jimmy, you're going to have a test now with this fiscal cliff business. will the republican leadership stay true to their economic principles, namely limited government, lower spending, low tax rate reform, et cetera, et cetera? or are they going to sound like democrats? in other words, everybody wants a deal, jimmy, but a bad deal be a bad idea. >> we have an economy which is not particularly strong. the last thing it needs is a bunch of tax hikes. i was heartened that speaker boehner said he was against raising marginal tax rate. there's other ways you can get revenue, whether through growth, getting rid of crony capitalist tax deductions. i think that's a great place to draw a line in the sand. >> we can't cave on -- >> jennifer ruben, you're not so much the economist. how do we right now, how does the gop get off to a better start on attracting a more inclusive party? what ed rodgers called a big tent. i rather like that notion of a big tent. not all conservative
reagan welcomed -- as a former governor of california, he welcomed the various immigrant groups coming in. >> always. >> jimmy, you're going to have a test now with this fiscal cliff business. will the republican leadership stay true to their economic principles, namely limited government, lower spending, low tax rate reform, et cetera, et cetera? or are they going to sound like democrats? in other words, everybody wants a deal, jimmy, but a bad deal be a bad idea. >> we have...
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Nov 8, 2012
11/12
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CNBC
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california, another package of tax increases on the wealthy. it's past the voters in california, and it's going to drive more business away from a state that desperately needs help. all that's up next. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> california voters are choosing to raise taxes on high-income taxpayers and increase the sales tax in order to fund education and state programs. so they say. last night voters passed proposition 30 with about a 54% majority. the question, is this tax hike going to destroy the california economy? let's bring in willie brown, former mayor of san francisco. mayor brown, thank you for
california, another package of tax increases on the wealthy. it's past the voters in california, and it's going to drive more business away from a state that desperately needs help. all that's up next. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at...
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Nov 29, 2012
11/12
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CNNW
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state to make the same move that california did. it's called the shock revolution. shock is for stop harming our kids. some kids explain what the therapy did to them. >> i am telling my story now in hopes that others will speak out to put an end to this sham. the ex-gay industry did nothing but provide me and my family with false lies mass ka raiding as science. >> representative jackie spear joins me now live from capitol hill. congresswoman, thank you so much for joining us. my first question to you, why not just introduce legislation to ban it? why the nonbinding resolution? >> it is a state function to regulate professions, so it is incumbent on the states to look at the scope of practice within professions and determine whether certain practices are appropriate or not. the american psychological association and the american psychiatric association has said for more than 40 years that this is junk science. that there is no science that supports this conversion therapy or reparative therapy. so, this is an effort to put a spotlig
state to make the same move that california did. it's called the shock revolution. shock is for stop harming our kids. some kids explain what the therapy did to them. >> i am telling my story now in hopes that others will speak out to put an end to this sham. the ex-gay industry did nothing but provide me and my family with false lies mass ka raiding as science. >> representative jackie spear joins me now live from capitol hill. congresswoman, thank you so much for joining us. my...
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Nov 7, 2012
11/12
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MSNBCW
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the open seat in california 26. we don't know what will happen there. 100% are in . mary bono mack is behind. will she join her husband coming an congress. bilbray is behind with 100% reporting in california as we mentioned already, incumbent allen west is behind in florida 18 with all the votes counted. representative menechek is leading. that appears to be a couple thousand votes apart. ke mcintyre, will he be one of the few blue dogs that remains? he has a small lead. there will be a run-off for one house seat in louisian the third two republicans there. but if all those leads hold, nbc news is current ly projecting they could pick up eight seats in the house again. yes, we know all those 100%. mail ballots particularly out in the state of california so we'll see but ifíu all leads hold it'a net pickup of eight seats for the democrats in the house. there's a lot more to come on this special two-hour post-election edition of "the daily rundown." i'm basically going on no sleep so you never know what i'm going to say which is why you s. up next, the independent str
the open seat in california 26. we don't know what will happen there. 100% are in . mary bono mack is behind. will she join her husband coming an congress. bilbray is behind with 100% reporting in california as we mentioned already, incumbent allen west is behind in florida 18 with all the votes counted. representative menechek is leading. that appears to be a couple thousand votes apart. ke mcintyre, will he be one of the few blue dogs that remains? he has a small lead. there will be a run-off...
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Nov 11, 2012
11/12
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CSPAN
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most americans have been leaving california. people from california leave. states like maryland experimented with the millionaires' tax the other day. people were leaving. it is helpful to have the states to give you a lesson on what happens when you decide to raise taxes on the rich. they move a. >> moving ahead to the fiscal cliff. john boehner has reiterated that the newly elected house republican majority is opposed to raising tax rates. they're willing to accept new revenue under certain conditions. what is your reaction to that? them have signed? -- could that violate the pledge that most of them assigned to? >> if we had a recovery the strength of reagan's recovery, there would be 10 million more americans at work today. if we take reagan's path of less spending and regulation, he has a million more americans at work today than obama does. i would rather have his recovery and all the revenue that flows from that. if you grew 4% a year instead of 2%. the difference between growing from 4% instead of 2% is $5 trillion in additional revenue to the federa
most americans have been leaving california. people from california leave. states like maryland experimented with the millionaires' tax the other day. people were leaving. it is helpful to have the states to give you a lesson on what happens when you decide to raise taxes on the rich. they move a. >> moving ahead to the fiscal cliff. john boehner has reiterated that the newly elected house republican majority is opposed to raising tax rates. they're willing to accept new revenue under...
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Nov 30, 2012
11/12
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CNBC
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something fishy going on in california's malls. chain of caviar vending machines has sprung up in three l.a. shopping centers. the owner of the machine says she hatched the idea to attract a younger crowd to the caviar market because what goes better with holiday shopping than a $500 can of salty fish egg whites? >> right. >> a caviar guy. >> no i'm not. >> you are. you look like it. >> come on. you got caviar written all over you. >> no. >> saturday night at the white house. >> all right. when halftime returns we're waiting for the house speaker to make some comments shortly regarding the fiscal cliff and we'll take you into that room live when john boehner appears. also a stunning month for facebook. shares are up nearly 30%. you buy the rally. we got some answer frs a top wall street analyst. we'll hear from two d.c. insiders from opposite sides of the aisle. doug holtz eakin, harley davidson fo davidson -- harold ford jr. will square off on the fiscal cliff when we come back. [ abdul-rashid ] i've been working since i was about
something fishy going on in california's malls. chain of caviar vending machines has sprung up in three l.a. shopping centers. the owner of the machine says she hatched the idea to attract a younger crowd to the caviar market because what goes better with holiday shopping than a $500 can of salty fish egg whites? >> right. >> a caviar guy. >> no i'm not. >> you are. you look like it. >> come on. you got caviar written all over you. >> no. >> saturday...
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Nov 11, 2012
11/12
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CSPAN
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in california voters approved proposition 30. the political climates for tax increases seems different. >> another poll is today said 63% said no to higher taxes. if you look at the collection of polls, you can sometimes get a plurality of americans say why don't you raise taxes on somebody else. do you believe they raise it on somebody else and they use it to pay down the debt? we think they will spend it. the same californians setup do you want to raise cigarette taxes so we can spend it on cool stuff? they said no. they. 8% of the population, why don't we dump them -- jump them? they voted no. he and state voted to not have a tax on millionaires -- washington state voted to not have a tax on millionaires. people finally look at the amount of money that jerry brown had to spend to get that initiative across the finish line. it is not a strong argument that is a popular thing. i am all in favor of california experimenting on itself. i think it is a fair to do a more of a peach tree-sized in california, but they are having an exp
in california voters approved proposition 30. the political climates for tax increases seems different. >> another poll is today said 63% said no to higher taxes. if you look at the collection of polls, you can sometimes get a plurality of americans say why don't you raise taxes on somebody else. do you believe they raise it on somebody else and they use it to pay down the debt? we think they will spend it. the same californians setup do you want to raise cigarette taxes so we can spend...
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Nov 11, 2012
11/12
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CNNW
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my goodness, look at your state of california. the dingbats in california just raised the highest income tax to 13%. every businessperson is going to move to texas, which by wait is the fastest growing state in the country, which has no income tax. i do think the evidence is strong in this, and i don't want to see the united states go down the route of california because california is the state looking bad right now. >> we want to be fiscally responsible and pay the bills. we're going to come back and hear from mohammad about that and david walker. stay with us. you're watching a very animated version of "your money." >>> okay, i got the panel back. i want to get right into it. steven moore points out that california is a bad example because state tax rates are so high in order to pay for some of the investments they've made. your response? >> so i would say, just do the math. do the math. everybody agrees that in order for us to improve our prospects, we need the following. we need tax reform, renewe need entitlement reform. in o
my goodness, look at your state of california. the dingbats in california just raised the highest income tax to 13%. every businessperson is going to move to texas, which by wait is the fastest growing state in the country, which has no income tax. i do think the evidence is strong in this, and i don't want to see the united states go down the route of california because california is the state looking bad right now. >> we want to be fiscally responsible and pay the bills. we're going to...
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Nov 28, 2012
11/12
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FOXNEWSW
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because they have a monopoly in california. we are told obamacare would lessen everything but it is going up for everyone. >>neil: but you would compromise on this if you got the spending cuts? >>guest: if you got the spending cuts, but you don't do anything until the hit the spending cuts, they owe my dollar $3 in spending cuts and george bush they owe him $2 spending cuts. i tell the republicans, if you buy into raising taxes first you will be like ronald reagan and george public, you will wait a lifetime. they will not happen. >>neil: will you be penalized in the next election? >>guest: absolutely. and you wonder where are the conservatives standing up? >>neil: why are so many more americans involved with stunning new developments that are related to this recovery. that is ahead. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out wh
because they have a monopoly in california. we are told obamacare would lessen everything but it is going up for everyone. >>neil: but you would compromise on this if you got the spending cuts? >>guest: if you got the spending cuts, but you don't do anything until the hit the spending cuts, they owe my dollar $3 in spending cuts and george bush they owe him $2 spending cuts. i tell the republicans, if you buy into raising taxes first you will be like ronald reagan and george public,...
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Nov 10, 2012
11/12
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. >> the passage of the tax initiative in california referendum indicates that the walls are coming down and some things from before. remember from the 1984 convention. he talked about raising taxes. that is no longer a taboo issue. i think you'll find some political liberal stuff and social liberal. >> the racial division on this is enormous. and exit polls, 60% of voters said they wanted to repeal the health care bill. large portions of african- americans and hispanics want to maintain it. a big challenge for democrats is that it is time to help unify power and government whether it was under johnson, carter, clinton, obama, they have seen their support among whites and plunge it said the delay. the challenge of convincing a much of white americans to benefit them is still on the table. the number you need to convince -- >> one of the problems the democratic party has had is that it has not been willing to defend government. it has always been specific. maybe obama learned something from his first term in terms of putting things into perspective. his victory speech had some of those el
. >> the passage of the tax initiative in california referendum indicates that the walls are coming down and some things from before. remember from the 1984 convention. he talked about raising taxes. that is no longer a taboo issue. i think you'll find some political liberal stuff and social liberal. >> the racial division on this is enormous. and exit polls, 60% of voters said they wanted to repeal the health care bill. large portions of african- americans and hispanics want to...
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>> yes, and then i think -- >> why can't california do that. >> i known -- have owned property in california, i now own property in vegas. neil: what is biggest loser? >> it was las vegas, but now it will be a big winner they are taxing people out of california, every time there is a pick quake, they go to las vegas they pay no income tax, and housing cost 80 percent less, they can be in los angeles, or san francisco in an hour, you will see people leaving state of california. neil: it is interesting, those at ground zero locale for real estate, las vegas and florida, you noticed that market picking up, maybe the wind at president's back could be a recovery you kept champions during the campaign. and you think that is real? >> i do, look at, south florida, and history repeats itself, in early 90s went down the tube first in housing, then bounced back with a international market driven bilat inamerica -- latin america, again south florida down tube, and bounces back, a at peak of recession. there are about only 1,000 unsole development unit, and n development project in the miami-deamiami-dad
>> yes, and then i think -- >> why can't california do that. >> i known -- have owned property in california, i now own property in vegas. neil: what is biggest loser? >> it was las vegas, but now it will be a big winner they are taxing people out of california, every time there is a pick quake, they go to las vegas they pay no income tax, and housing cost 80 percent less, they can be in los angeles, or san francisco in an hour, you will see people leaving state of...
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Nov 10, 2012
11/12
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CNN
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my goodness, look at your state of california. the ding bats in california just raised the highest income tax rate to 13%. every business and high income person is going to move to texas which by the way is the fastest growing state in the country which has no income tax. so i think tax rates do matter. i think the evidence is strong on this. and i don't want to see the united states go down the route of california. because california is the state that is looking like greece right now. >> hold on, everybody wants to respond to that. but we at cnn want to be fiscally responsible and pay the bills. so that's what we're going to do for the next two minutes. we'll come back and hear from mohammed about that and from david walker. stay with us. you're watching a very animated edition of "your money." if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education.
my goodness, look at your state of california. the ding bats in california just raised the highest income tax rate to 13%. every business and high income person is going to move to texas which by the way is the fastest growing state in the country which has no income tax. so i think tax rates do matter. i think the evidence is strong on this. and i don't want to see the united states go down the route of california. because california is the state that is looking like greece right now. >>...
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Nov 8, 2012
11/12
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and the rating agencies gun to put our -- begun to put out their commentary on how california is on a stable path. >> it will raise the sales tax and increase income taxes for people who make $250,000 a year for the next 7 years. >>> the superintendent said today parents and students across the state can breathe a sigh of relief knowing our schools will have the resources for the remainder of the year. >>> californians approved 5-11 ballot measures. the tax measure made the cut, so did prop 35, increases prison sentences and fines for human trafficking convictions. and prop 36, which revises law to impose life sentence only when new felony conviction is serious or violent and the increase on out of state businesses and new state district lines. voters defeated prop 31, and prop 32. a measure to set insurance prices based on a person's history was defeated. they also rejected a second tax measure to raise money for public education. >>> it hasn't happened in 79 years but tonight democrats hold a majority in the state capital. ktvu's amber lee is live to tell us how they plan to use the
and the rating agencies gun to put our -- begun to put out their commentary on how california is on a stable path. >> it will raise the sales tax and increase income taxes for people who make $250,000 a year for the next 7 years. >>> the superintendent said today parents and students across the state can breathe a sigh of relief knowing our schools will have the resources for the remainder of the year. >>> californians approved 5-11 ballot measures. the tax measure made...
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Nov 13, 2012
11/12
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CNBC
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you got your own epa in california. and you got your own cap and trade in california. and you got your own tax hikes in california. i guess everybody is going to move to texas. is that true? leave town and go to texas? >> we are certainly going to do everything we can to prevent that. we are hoping to work with the governor and he will do the same. >> you don't really believe that, do you? i mean, governor brown wanted the tax hikes. governor brown is one of the big greenies. he's -- exactly the kind of epa greenie diana first got roth as describing. >> well, you know, we have had a political earthquake here in california after last week. we now have a two-thirds supermajority in the assembly and senate. now for the business community in order for our economy to grow and create jobs in investment, it is really going to be in his decisi decision make what will happen with the legislature to do that. >> you are not too optimistic. democratic legislature and democratic state which is already very liberal, left, right? how -- i don't see a way out for you, sir? >> larry, t
you got your own epa in california. and you got your own cap and trade in california. and you got your own tax hikes in california. i guess everybody is going to move to texas. is that true? leave town and go to texas? >> we are certainly going to do everything we can to prevent that. we are hoping to work with the governor and he will do the same. >> you don't really believe that, do you? i mean, governor brown wanted the tax hikes. governor brown is one of the big greenies. he's...
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Nov 9, 2012
11/12
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KTVU
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your satellite radar, i want to show you this view, see how it drops down and now right over california, so that is going to bring us the clear skies, the sunshine, and thunderstorms mixed in between. so for your friday, possibility is still there. we won't see widespread scattered showers, 45 degrees right now in oakland, 46 in san francisco, but i have to point you to the north bay because it is a chilly start. we are 36 in santa rosa and looking at 30s and feeling those 30s all the way down into nevada this morning. we are looking at afternoon highs well below average for today, upper 50s, low 60s 2349 forecast and it will be a cool weekend. we will start out near freezing in some cases. widespread low to mid-30s in the forecast saturday and sunday. afternoon highs upper 1/5s to low 60s. -- upper 1/5s to low -- 50s to low 60s. back to you. >>> we'll continue to follow the storm this morning, and a lot of people heading up to the sierras since it's friday. for the most up to date weather information from storm tracker 2, head to our web site ktvu.com and click on the link at the top o
your satellite radar, i want to show you this view, see how it drops down and now right over california, so that is going to bring us the clear skies, the sunshine, and thunderstorms mixed in between. so for your friday, possibility is still there. we won't see widespread scattered showers, 45 degrees right now in oakland, 46 in san francisco, but i have to point you to the north bay because it is a chilly start. we are 36 in santa rosa and looking at 30s and feeling those 30s all the way down...
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Nov 8, 2012
11/12
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CNBC
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notably california adventure here at disney land in california. we feel good about what we're seeing. there's demand for that product. it's showing up in our pricing and showing up in our advanced bookings. >> how are the advanced bookings looking for the holiday season? >> advanced bookings for the holiday season are looking good. there's a quirk in the calendar. christmas falls on a tuesday. so some of our peak season will also fall into our next quarter because of how the quarter breaks. our bookings for the christmas period overall, which include some spillover into the next quarter, we feel very good about. that's certainly true in california. it's true in florida. it's true in paris. >> bob, the last time we talked, you seemed passionate about the need to fix our debt as a country. i wonder what your take is on president obama winning re-election. does that change anything for the company, for the industry? in terms of this fiscal cliff, everybody is expecting taxes to go higher. we're not sure how high on dividends and capital gains. will t
notably california adventure here at disney land in california. we feel good about what we're seeing. there's demand for that product. it's showing up in our pricing and showing up in our advanced bookings. >> how are the advanced bookings looking for the holiday season? >> advanced bookings for the holiday season are looking good. there's a quirk in the calendar. christmas falls on a tuesday. so some of our peak season will also fall into our next quarter because of how the quarter...
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Nov 12, 2012
11/12
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FOXNEWS
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and the biggest probably result was the california tax increase, kim. that's a huge tax increase that's going to either the pressure and fiscal pressure on jerry brown right away and he also got a surprise which is california is now going to have a super majority for democrats in the assembly and the senate, state senate which means they can pass tax increases to their heart's content and jerry brown is the only chaperone at that, at that spring break in sacramento. what does that mean for the state? >> remember the superman movie where gene hackman's plan was to push california into the seats. you have to wonder that democrats aren't the lex luther for california's future and they have raised highest rates past marginal rates, 13.3%, jerry brown did that by threatening to dramatically cut funding from school, as a result of. a lot of young voters who came out to vote for this because they were worried, but the business climate in california just terrible and now, as you said, the first time ever they're going to have the super majority they need to rai
and the biggest probably result was the california tax increase, kim. that's a huge tax increase that's going to either the pressure and fiscal pressure on jerry brown right away and he also got a surprise which is california is now going to have a super majority for democrats in the assembly and the senate, state senate which means they can pass tax increases to their heart's content and jerry brown is the only chaperone at that, at that spring break in sacramento. what does that mean for the...
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Nov 8, 2012
11/12
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MSNBCW
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in california, lungren is trailing by less than 200 votes. in florida's 18th district, 100% of the vote is in. republican congressman allen west is trailing. seems a little bit too much to overcome. 2,500 votes. he's demanding a recount. you do wonder what happens if the florida presidential has to go in that direction. i'll explain that in a few minutes. north carolina, district 7, 100% in. the democrat incumbent there is in the lead but it is only 500 votes. there will be a runoff in louisiana's third dwikt between two republicans. >>> two races still too close to call at this hour, in washington state, the governor's race is still undecided. we've been down the road here before with washington state. haven't we? the mail-in ballots. talk to us next week. we might have a winner there. then there's florida. we still haven't called in the presidential race, because of the law that requires an automatic recount if the margin is less than .5%. right now with some of those absentee ballots counted, it is just above the less than .5%. if it gets
in california, lungren is trailing by less than 200 votes. in florida's 18th district, 100% of the vote is in. republican congressman allen west is trailing. seems a little bit too much to overcome. 2,500 votes. he's demanding a recount. you do wonder what happens if the florida presidential has to go in that direction. i'll explain that in a few minutes. north carolina, district 7, 100% in. the democrat incumbent there is in the lead but it is only 500 votes. there will be a runoff in...
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Nov 10, 2012
11/12
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FBC
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number four is long beach california and oakland california is next. and number two is seattle. a lot of smart forms there. and the number one hotspot for smartphone that is philadelphia. that is a shocker. across the country about 30 million phones stolen, lost or stolen and the most likely place is a fast food restaurant or grocery store. coming up next, the market has taken quite a hit over the last few ys. [ heart beating, monitor beeping ] woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance may shock you -- including the fact that a preferred risk policy starts as low as $129 a year. for an agent, call the number that appears on your screen. gerri: here is something that you may be wondering about. the dow has fallen nearly 5% and as a result, retirement accounts are taking a big hit. chad parks joins me now. he is the ceo of the online 401k. welcome back to the show. shell. pe
number four is long beach california and oakland california is next. and number two is seattle. a lot of smart forms there. and the number one hotspot for smartphone that is philadelphia. that is a shocker. across the country about 30 million phones stolen, lost or stolen and the most likely place is a fast food restaurant or grocery store. coming up next, the market has taken quite a hit over the last few ys. [ heart beating, monitor beeping ] woman: what do you mean, homeowners insurance...
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Nov 11, 2012
11/12
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FBC
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number four is long beach california and oakland california is next. and number two is seattle. a lot of smart forms there. and the number one hotspot for smartphone that is philadelphia. that is a shocker. across the country about 30 million phones stolen, lost or stolen and the most likely place is a fast food restaurant or grocery store. cong up next, the market has taken quite a hit over the last few days. you will have gerri: here is something that you may be wondering about. the dow has fallen nearly 5% and as a result, retirement accounts are taking a big hit. chad parks joins me now. he is the ceo of the online 401k. welcome back to the show. shell. people were just getting ready or maybe they had ju put their toe back into the market. finally they are getting back in. what happens? is this going to kill investor confidence all over again? >> in mind. they can't just blindly follow the herd. they really need to pay attention to their own account and pay attention to what they are invested in. they really need to pay attention to what is their magic number. what rate of r
number four is long beach california and oakland california is next. and number two is seattle. a lot of smart forms there. and the number one hotspot for smartphone that is philadelphia. that is a shocker. across the country about 30 million phones stolen, lost or stolen and the most likely place is a fast food restaurant or grocery store. cong up next, the market has taken quite a hit over the last few days. you will have gerri: here is something that you may be wondering about. the dow has...
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Nov 29, 2012
11/12
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CNBC
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. >> you're from california, correct? >> i live there, yes. >> doesn't make you a bad person. >> i'm from buffalo too. >> it explains why he's stylish, right? well, i live in california. we voted to raise income taxes and sales taxes. california is, what, one-seventh of the u.s. economy. >> jerry browne's miracle. >> i'm going to get a bill as well as every other californian asking for money. >> what is your point? >> that will have a negative impact on the california economy and on the u.s. economy. so ron is right. there are parts of the u.s. economy are certainly improving, but there are other parts that have not yet felt a vice that's squeezing on them. >> all right. we got to go. the bell is going to ring shortly, i feel like. we got to go. thank you, everybody. appreciate it. we are heading toward the close and, really, the market is where it was before all the rhetoric came out on the cliff. the dow up 32 points right how it. >> we've heard some democrats made maye be willing to dive off that fiscal cliff. our next
. >> you're from california, correct? >> i live there, yes. >> doesn't make you a bad person. >> i'm from buffalo too. >> it explains why he's stylish, right? well, i live in california. we voted to raise income taxes and sales taxes. california is, what, one-seventh of the u.s. economy. >> jerry browne's miracle. >> i'm going to get a bill as well as every other californian asking for money. >> what is your point? >> that will have a...